Proposal of Yes Bank Limited to increase foreign equity participation upto 60 percent through a Qualified Institutional Placement (QIP) of its equity shares to eligible non-residents and/ or issue of Global Depository Receipts (GDRs) to eligible non-resident investors

Proposal of Yes Bank Limited to increase foreign equity participation upto 60 percent through a Qualified Institutional Placement (QIP) of its equity shares to eligible non-residents and/ or issue of Global Depository Receipts (GDRs) to eligible non-resident investors https://www.taxtmi.com/news?id=11310 Approval permits Yes Bank Limited to increase foreign equity participation up to 60 percent by issuing equity to eligible non-residents through a Qualified Institutional Placement (QIP) and/or by issuing Global Depository Receipts (GDRs), enabling the bank to solicit offshore institutional and non-resident investors subject to investor eligibility and applicable foreign investment rules. en-us Fri, 28 Jun 2013 14:08:39 +0530 Fri, 28 Jun 2013 14:08:39 +0530 TaxTMI RSS Generator Proposal of Yes Bank Limited to increase foreign equity participation upto 60 percent through a Qualified Institutional Placement (QIP) of its equity shares to eligible non-residents and/ or issue of Global Depository Receipts (GDRs) to eligible non-resident investors https://www.taxtmi.com/news?id=11310 Approval permits Yes Bank Limited to increase foreign equity participation up to 60 percent by issuing equity to eligible non-residents through a Qualified Institutional Placement (QIP) and/or by issuing Global Depository Receipts (GDRs), enabling the bank to solicit offshore institutional and non-resident investors subject to investor eligibility and applicable foreign investment rules. News - Fri, 28 Jun 2013 14:08:39 +0530 https://www.taxtmi.com/news?id=11310